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The Irish Times Business Person of the Month: Marguerite Brosnan, chief executive of Axa Insurance in Ireland

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In August, French insurance giant agreed to buy Laya Healthcare, the Republic’s second-largest health insurer, in a deal worth €650m

Laya has a 28 per cent share of the health insurance market here, serving 690,000 members and generating about €800 million in premiums annually. The company is a tied agent that sells health and life products underwritten by units of Swiss Re.

Axa is a market leader here in the provision of motor vehicle insurance, holding more than 30 per cent of that market. It is also an active player in the home, commercial, and farm lines of business. The organisation operates across Ireland , employing more than 1,450 staff and has 34 branches.

 

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